May 2024 Monthly
Marc Chandler
May 04, 2024
The resilience of the
US economy and stickiness of price pressures spurred a reassessment of the
trajectory of Fed policy. This sparked a sharp rise in US interest rates and
extended the dollar’s advance. The somewhat disappointing April jobs report and
a softer CPI report in the middle of May could signal that the interest rate
adjustment is over…
May 2024 Monthly
Reviewed by Marc Chandler
on
May 04, 2024
Rating: